Amazon Web Services - Statistics & Facts

Amazon, founded in 1994, is the world’s largest online retailer of books, clothing, electronics, music and other goods and, in 2016, earned net sales revenue of 136 billion U.S. dollars. Amazon’s service offerings have increased over the years and now include a retail products branch, retail third-party seller services, retail subscription services, Amazon Web Services (AWS) as well as other related services. Due to global interest in cloud services and the disruption they are causing across various sectors, AWS has played an increasingly important role in the cloud services industry and has become an important revenue earner for Amazon. In 2013, AWS earned revenues of 3.1 billion U.S. dollars which had steeply increased to 12.2 billion U.S. dollars in 2016.

The cloud market is growing rapidly and represents an important opportunity for the retail and IT giant. The overall cloud services market is expected to experience a compound average growth rate of 13.4 percent between 2016 and 2020, with cloud infrastructure and platform services expected to grow at a rate of 23.3 percent and 18.2 percent respectively. In terms of market size, these individual cloud service segments are expected, by 2020, to achieve revenues of 99.7 billion U.S. dollars (SaaS), 14.8 billion U.S. dollars (PaaS), and 72.4 billion U.S. dollars (https://www.statista.com/statistics/505251/worldwide-infrastructure-as-a-service-revenue/).

As of 2017, AWS was ranked among the four largest public cloud providers in the world, along with Google Cloud, Microsoft Azure and IBM Softlayer. AWS is also ranked as one of the leading information technology (IT) companies in the world, by revenue. Specifically in the infrastructure as a service market, AWS has been noted to have a majority of the market worldwide. Amazon's share of the IaaS segment was estimated at 44.2 percent. For Amazon, AWS's IaaS revenue raked in 9.7 billion U.S. dollars in 2016.

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